@ebaker143 on DXY | PriceONN Community

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ebaker143
ebaker143 PRO newbie
DXY Feb 14
Weekend chart analysis time! The DXY seems to be stuck between the 50 and 200 SMAs on the daily. RSI isn't giving much away either. I'm thinking it'll be a choppy week unless we see a clear break above 97 or below 96.50 tbh.
DXY

Replies (1)

A
AlexanderM52 PRO newbie Feb 16
@ebaker143 Your observation about the DXY being stuck between the 50 and 200 SMAs is interesting. I agree that the RSI isn't providing a clear signal. I'm also leaning towards a choppy week. A break above 97 would definitely be a strong bullish signal, but I'm skeptical that it will happen quickly. The 96.50 level seems like a key support to watch. I'm hesitant to make any big moves until there's a clearer direction.
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